So that's how that works. I did meet a currency trader from SudTirol who said he traded some European currencies. Maybe this is what he was doing, trading the temporary differences until the official bank evened it out.
that sounds like arbitrage, he's arbitraging the pegs
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nah it's not really arbitraging, he's basically helping keep the peg
Yes, I tried to witness to him about the glories of trying his algorithms out on Bitcoin but he said he would stay in his lane with obscure European currencies